January 27, 2014 | Palo Alto, California: MetricStream, a market leader in Enterprise Governance, Risk, and Compliance (GRC) solutions will participate at the 11th Annual Pharmaceutical Compliance Congress from January 28-29, 2014 in Washington D.C. The conference will focus on the most pressing issues facing the compliance, legal and regulatory domain within pharmaceutical companies, and experts from the industry will convene to exchange ideas on the evolving role of compliance. MetricStream will also demonstrate its integrated portfolio of Governance, Risk and Compliance solutions at the event.

Recent investigations within the pharmaceutical industry have prompted enterprise-wide initiatives to design compliance management programs aimed at reducing risk, enhancing controls, and facilitating compliance. To gain a competitive edge within the industry, and to better prepare for future regulations, organizations are focusing their efforts on embedding compliance processes into the very fabric of the organization.

Increasing drug sales continue to drive scrutiny and regulatory enforcement, requiring the industry to adopt a more comprehensive approach towards regulatory compliance. Facilitating access to relevant compliance data, and re-designing operating procedures to enhance efficiency are critical areas of focus. Furthermore, establishing a large database on drug safety, quality checks, and accountability systems can facilitate the generation of error-free reports.

During his event session ‘Compliance Program Structure and Effectiveness’ Timothy Schmutzler, Regional Vice President of GRC Solutions at MetricStream will share his perspective on three important compliance principles; the structure, the process and the results.

The two-day conference will also feature discussions around new mandates such as the Foreign Corrupt Practices Act (FCPA), those governing specialty products, compliance in the BRIC countries, third-party investigations, and other high priority areas for regulatory enforcement in 2014.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

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